AZO Earnings

#Earnings – Down big but not that far below breakeven. Sneaking in another call sale this week before possibly rolling.

Bought to Close AZO MAR 2 2018 790.0 Call @ .25

Sold AZO MAR 2 2018 665.0 Call @ 3.20

Position is now 660/665 Strangle @ 9.10 for this Friday

Ramie
1:17 pm on Tuesday, February 27, 2018

Thought about doing something similar but I figured this would bounce at some point. Ummm wrong! Who’s the AZO now? That would be me. LOL.

fuzzballl
1:21 pm on Tuesday, February 27, 2018

It’s trying to bounce a little after hours. My call sale might be a little aggressive too. Have to see how it plays out. I’ll take any profit I can get between now and end of week…otherwise roll the ITM side out a week to a new strangle.